An #altcoin can sit inside a fund with listed options even if it fails one test for options on a single-coin fund.
On Nov 10, the #SEC approved #NASDAQ ISE's rule allowing up to 15% of a crypto trust's net assets in tokens without derivatives on a market that shares surveillance data with ISE. Each token still needs at least $700M in average daily market value for its global supply over the prior 12 months.
A put on that basket can miss a selloff in one coin if the rest holds up. Watch which contracts actually list and where open interest builds.
On Nov 10, the #SEC approved #NASDAQ ISE's rule allowing up to 15% of a crypto trust's net assets in tokens without derivatives on a market that shares surveillance data with ISE. Each token still needs at least $700M in average daily market value for its global supply over the prior 12 months.
A put on that basket can miss a selloff in one coin if the rest holds up. Watch which contracts actually list and where open interest builds.
